deVere Group names new global head of fintech

Financial adviser deVere Group has named former Revolut country manager Dimitris Litsikakis as its new global head of fintech.

The initial focus of Litsikakis, who starts with immediate effect and will report directly to chief executive officer Nigel Green and chief operating officer Beverley Yeomans, will be deVere Vault, the firm’s global multi-currency e-money app.

Users of deVere E-Money’s app and its Prepaid Mastercard can spend, receive, store and transfer money in up to 27 different currencies.

Commenting on his appointment, Litsikakis said: “Fintech is truly revolutionising the way we deal with money and do business.”

“Continuing to use its considerable resources, deVere has proven to be one of the global leaders in this exciting and burgeoning sector—and it’s a pleasure to be joining their teams across the world as we move ahead into the next chapter in the success story.”

He continued: “I am looking forward to expediting current enhancements and developments to the product in order to further enhance the client experience.”

“In addition to this, one of my first tasks will be looking at B2B opportunities and looking at other ways to differentiate this already much in-demand e-money app.”

Green commented: “We are delighted to welcome someone of Dimitris’ calibre, expertise and experience to the company to help us develop our financial technology propositions even further.”

“Fintech is a major growth area of our business model—we understand and value that there is growing need and want for it in an increasingly globalised and digitalised world.”